Definition
Medicare is a U.S. federal health insurance program primarily for individuals 65 or older, as well as some younger people with disabilities or certain medical conditions. 🏥 It helps cover the costs of healthcare, including doctor visits, hospital stays, and prescription drugs. It's like a health safety net for older adults, ensuring access to essential medical care. Think of it as a health insurance plan specifically designed for seniors. Medicare is funded by payroll taxes and premiums.